Jobs · Legal · Illinois

Sr. Director of Compliance, Futures Commission Merchant (FCM)

NinjaTrader · Chicago, IL · 3 mo ago
Legal$180k–$230k/yrFull-time

About the role

NinjaTrader Clearing, LLC, a registered Futures Commission Merchant and NFA Member, is seeking a Director or Sr. Director, FCM Compliance. This role provides strategic leadership and hands-on oversight of the Firm’s FCM compliance framework.

Responsibilities

  • Partner with the CCO in overseeing the Firm’s compliance program for futures, options on futures, and cleared swaps activities conducted as an FCM

  • Maintain and enhance written supervisory procedures, compliance policies, and supporting control documentation governing customer protection, supervision, complaint handling, and other applicable regulatory requirements

  • Translate regulatory obligations into practical supervisory controls, clear ownership, and evidence standards

  • Design and evolve a data-driven compliance monitoring and testing program, leveraging automation, workflow tools, analytics, and regtech solutions to increase coverage and reduce manual lift

  • Identify opportunities to eliminate manual dependencies and systematize, automate, and embed compliance controls within trading, clearing, finance, and customer workflows

  • Lead regulatory change management efforts, including assessment of CFTC, NFA, and exchange rule developments, impact analysis, and implementation across business units

  • Lead day-to-day regulatory engagement activities, including coordination of NFA examinations, CFTC inquiries, and exchange reviews, and preparation of materials for CCO review and approval

  • Provide second-line oversight support with respect to financial responsibility requirements, including customer funds segregation, secured amount calculations, and net capital compliance, in coordination with Finance and Operations

  • Advise senior management and business stakeholders on regulatory obligations affecting trading conduct, clearing operations, promotional standards, margin and collateral processes, reporting, supervision, and operational change

  • Support new product launches, operational enhancements, automation initiatives, and technology deployments through structured compliance-by-design assessments

  • Manage and mentor members of the compliance staff while fostering a culture of continuous improvement

  • Prepare compliance reporting and governance materials for senior management and assist in drafting the Annual CCO Report and other key program deliverables

  • Identify emerging regulatory risks, control gaps, or scalability constraints and escalate material matters to the CCO in a timely and well-supported manner

  • Serve as the CCO’s designated alternate consistent with delegated authority, including providing coverage in key meetings, regulatory interactions, and internal governance forums as needed

Requirements

  • 8–12 years of futures compliance experience, including substantial experience within or directly supporting an FCM

  • Strong working knowledge of CFTC regulations applicable to FCMs

  • Strong working knowledge of NFA Compliance Rules and Interpretive Notices

  • Strong working knowledge of exchange rulebooks (e.g., CME Group)

  • Strong working knowledge of customer protection and financial responsibility frameworks (segregation, secured amount, net capital)

  • Demonstrated experience leading or materially supporting regulatory examinations, inquiries, and remediation programs

  • Ability to design, implement, and scale supervisory controls, governance processes, and compliance infrastructure

  • Strong judgment, clear communication, and the ability to influence cross-functional stakeholders

Skills

  • Series 3 preferred

  • Experience in a growth environment where compliance infrastructure is being scaled

Benefits

  • Generous PTO

  • 7 Paid Holidays Annually + 5 Conditional Holidays Annually

  • 1 Service Day Annually

  • 401k with 3.5% Company Match

  • Paid Parental Bonding Leave

  • Health, Vision, Dental Coverage

  • Life and Disability Insurance Covered 100% by NinjaTrader

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